Seth Heikkila returns to JLL Capital Markets’ multihousing team
JLL Capital Markets announced that Seth Heikkila has re-joined the firm’s multihousing team as a Senior Director in the Seattle office.
He will focus on multihousing debt advisory.
"We are thrilled to welcome Seth to our team....
The Mogharebi Group closes on two multifamily properties in California’s Central Valley
The Mogharebi Group (TMG) has successfully secured the sale of two Central Valley multifamily communities totaling 102 units in separate transactions valued at $15.6 million combined.
Located at 520 S. County Center Dr. in Visalia,...
Attractive financing secured for an ultra-luxury multihousing asset in Beverly Hills, California
JLL Capital Markets announced that it has arranged financing for two trophy assets in Beverly Hills, California. JLL secured the senior notes with Wintrust Financial for 9440 Santa Monica Blvd., an approximately 92,000-square-foot, trophy,...
Hard habit to break: eviction moratoriums
A handful of California cities are still enforcing laws that protect tenants from eviction or rent increases, extending pandemic-era policies that most of the country wound down more than a year ago.
The San Francisco...
California rent control: one measure advances as another fails
California Senate Bill 466 was withdrawn by its author after failing a floor vote. At the same time, a proposed rent control ballot measure seems to be on its way to qualifying for the...
Marcus & Millichap arranges sale and financing for multifamily property in Brea, California
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale and financing of Birch Terrace Apartments, a multifamily property located at...
Marcus & Millichap Capital Corporation arranges $15 million financing for multifamily property in San...
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged a $15.043 million loan for the refinancing of Santa Fe Townhomes, a multifamily property located at...
Institutional Property Advisors closes $61.6 million sale and arranges financing for suburban Seattle multifamily...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Artesia, a 192-unit apartment property in the Silver Lake neighborhood of Everett, Washington. The asset traded for $61.6...
Levin Johnston closes four multifamily transactions in March as San Jose market shows resilience
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, announces that it closed four multifamily transactions totaling $7.215...
Inland Empire townhome community trades for $150 million in So Cal’s largest multifamily transaction...
In the largest multifamily transaction in Southern California to close this year, real estate investment firm Archway Equities (Archway) has acquired from 4914 Olive Street Properties LLC, The Paseos at Montclair North, a 385-unit...
Sunrise Management names new president
San Diego-based Sunrise Management—a California-focused property management firm—has announced the promotion of longtime company executive Theresa Cordero to president.
Cordero, who has worked for Sunrise since 1991, was elevated to president from the position of...
The Mogharebi Group secures $50.5-million sale of 156-unit apartment community in Ontario, California
The Mogharebi Group (TMG) has arranged the $50.5 million sale of The Landing Apartments, a 156-unit multifamily community in Ontario, California.
Located at 3364 Honeybrook Way, The Landing is a garden-style apartment community with a...
Thayer Manca Residential adds new property to Washington portfolio
Thayer Manca Residential (TMR) acquired Roosevelt Ridge, a 75-unit property, located in the Pinehurst neighborhood in Seattle, Wash. This is the sixth asset in TMR’s rapidly growing Washington portfolio, which also includes Capitol Heights...
The Mogharebi Group closes on 142-unit multifamily community in Sacramento, California
The Mogharebi Group (TMG) has arranged the $15.75 million sale of Continental Terrace in South Sacramento, California. Senior Vice President Robin Kane and Vice President Brendan Kane represented the seller in the transaction, who...
First Republic takeover deals yet another blow to Bay Area real estate
The takeover of First Republic by JPMorgan Chase adds another complication to a local real estate market already hampered by high interest rates, difficulties in financing and low occupancy.
And for Bay Area real estate...
